{"reference": {"slug": "panerai-1000m", "brand": "Panerai", "ref": "1000M", "model": "Titanium 1000m Diver", "case_material": "Titanium", "provenance": "extracted_from_auction_comps", "url": "https://mostexpensivewatches.net/reference/panerai-1000m", "description": "The Panerai Luminor Submersible 1000m, specifically reference PAM00025, was produced between 1998 and 2017. Collectors value this reference for its lightweight Grade 2 titanium construction and the \"Paris Hobnail\" (clous de Paris) textured dial, which distinguishes it from the painted or sandwich dials of standard models. It utilizes the OP III caliber, a chronometer-certified movement based on the Valjoux 7750-P1. The 44mm case features a helium escape valve at the 9 o’clock position to support its 1000-meter depth rating. On the secondary market, these timepieces typically trade between $5,000 and $7,500 depending on the production year and set completeness. A notable production detail is the transition from tritium (T-Swiss-T) to Luminova dials around 1999, with early A and B series tritium examples commanding a premium among enthusiasts seeking original patina."}, "listing_stats": {"count": 1, "median": 4500.0, "low": 4500.0, "high": 4500.0, "brands": 1, "merchants": 1}, "listings": [{"id": "h_6903228006475", "title": "Panerai Panerai Luminor Base Logo PAM 000", "brand": "Panerai", "model": "Panerai Luminor Base Logo PAM 000", "reference": "000", "price_usd": 4500.0, "currency": "USD", "condition": "excellent", "box_papers": "full_set", "year": null, "case_material": "Stainless Steel", "case_size_mm": 40.0, "movement": "Automatic", "complications": [], "merchant_slug": "hodinkee", "merchant_name": "Hodinkee Shop", "image_url": "https://cdn.shopify.com/s/files/1/0146/0732/products/Panerai-Luminor-Base-Logo-PAM-000-10-10-PAM-0K35HM-a767274ed332.jpg?v=1703113180", "detail_url": "https://mostexpensivewatches.net/listing/h_6903228006475", "buy_url": "https://mostexpensivewatches.net/out/h_6903228006475", "available": false}], "auction_lots": [{"slug": "panerai-1000m-prototype-2014", "brand": "Panerai", "reference": "1000m Prototype", "model": "Titanium 1000m Diver", "case_material": "Titanium", "hammer_usd": 112000, "year_sold": 2014, "venue": "Sotheby's Geneva", "lot_summary": "A rare 1985 experimental prototype with an automatic movement and a 47mm titanium case, designed for extreme depth.", "source_url": "https://www.sothebys.com/en/auctions/ecatalogue/2014/important-watches-ge1401/lot.297.html", "provenance": "ai_generated_grounded", "url": "https://mostexpensivewatches.net/auctions/panerai-1000m-prototype-2014"}]}